Property is 2100sqft and needs a ton of rehab since everything inside is in good condition however everything original from 1950.

@Kristin SolbachWhat was the initial purpose of your original setup ? 

I agree with the "it depends" approach when it comes to determining reserves, but generally, it should align with the age and anticipated maintenance needs of the property.For example, we have a duplex built in 2003 with the original AC units and roof.

We love visiting with people about the product and Northpointe makes it easy to originate.

This may affect what you can sell it for.Other option if to find a better PMC and follow your original plan.

Moot point then.But in response to your original question, no, I would not even consider climate in my choices for where to buy rentals or investment properties.

Quote from @April Birdsong: Update:  My floor guy came over and found original hardwoods under the carpet in the bedrooms.

The original grants were for an 42acre chunk of an 82 acre lot.

research market data for the top and bottom averages of property value appreciation data in your area to find out if it's worth it to you.

Hey Kendrick, we use Propstream for property data and Smarter Contact as a CRM for text and voice campaigns.